Foreclosures, REOs, Bank Owned Properies, Shorts Sales…Distressed Properties!!!
June 30th, 2009 ToddThese types of properties are now commonplace in Lake Tahoe, including Inline Village and Crystal Bay. There is definitely strategy for selling, and especially buying in this environment. Information is key for learning about which proprties are available at a discount. Not all of these properties will be found in the local MLS. Many of the Banks employ realtors from outside of the area to sell in Tahoe, and often the homes end up in a foreign MLS, most commonly the Reno and Truckee MLS. Other distressed properties can be found through information obtained from the local title company. The list is dynamic and expanding at the moment, a list that was predominantly condos, now includes single family homes and higher end properties, new homes. Please contact me for an updated list as it changes pretty much all the time.
Thanx, Todd

